Cost Control Assistant Manager

2 weeks ago


Zamboanga City, Zamboanga Peninsula, Philippines Newport World Resorts Full time

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The Cost Control Assistant Manager is responsible for ensuring that costs are maintained at optimum level by promoting effective usage of goods. S/He accurately prepares cost reports and submits them on time. This position is also expected to review, propose and implement a system of internal controls in place for the proper safekeeping of inventories.

RESPONSIBILITIES

Cost Allocation & Transparency

  • Assist the Manager in accounting for effective shared services cost allocations.
  • Ensure transparency over cost factors.

Cost Analysis

  • Provide a detailed cost breakdown structure for projects.
  • Determine Actual and Standard Costs, and investigate variances.
  • Prepare periodic detailed reports and ad-hoc cost analysis.

Planning & Organization

  • Assist in planning and organizing the activities of the cost control unit.
  • Develop and maintain standard costing procedures.

Reporting & Analysis

  • Assess weekly cost reports and monthly analyses for services, bars, kitchen consumption, and store issuance reports.
  • Review management reports, such as monthly staff canteen and consumption reports.

Inventory Management

  • Assist in conducting inventory spot checks for services, bars, kitchen, and stores as needed.
  • Manage month-end and year-end inventory counts for all service areas.
  • Review inventory turnover ratios and approve the disposal or buyback of slow-moving and obsolete items.
  • Review selling prices of all trading stocks and their cost of sales to ensure alignment with the business plan.

System Management

  • Manage the inventory management system to ensure accurate costing.
  • Implement strict internal control procedures.
  • Authorize inter-transfer of stocks among outlets and stores, as well as purchase requests and orders.
  • Approve article creation and amendments on various systems.

Other Tasks

  • Create rate cards for all Food & Beverage (F&B) and non-F&B items.
  • Assist in managing banquet event orders, pricing, and settlement issues.
  • Approve all inter-transfers between revenue centers and production outlets.
  • Collaborate with F&B and Kitchen Personnel to establish accurate food and beverage prices and recipe costing.
  • Resolve issues arising from day-to-day tasks, propose resolutions to senior management, and implement recommendations.

QUALIFICATIONS

  • Must be a College graduate, preferably of any of the following courses: Finance, Business, Economics, Accounting or a related field
  • Preferably three (3) years of relevant experience in cost control
  • Good understanding of cost control processes, policies, and best practices
  • Experience in Hospitality industry is an advantage

Your application will include the following questions:

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Newport World Resorts (NWR) is the first integrated tourism hub in the Philippines that is fast shaping up to become the most exciting destination in the country.

NWR breaks new ground in the Philippines by combining lodging brands, restaurants, gaming facilities, entertainment spots and a luxury mall in one grand destination.

Asia's newest playground is located in Newport City, a modern live-work-play community and the first tourism economic zone in the Philippines, just across Terminal 3 of the Ninoy Aquino International Airport and adjacent to the Villamor Golf Course.

It also features the upscale Newport Mall which boasts of shops and boutiques for international luxury brands, high end cinemas, dining outlets, and the Newport Performing Arts Theater, a 1,500-seat venue for local and international artists and productions.

Newport World Resorts (NWR) is the first integrated tourism hub in the Philippines that is fast shaping up to become the most exciting destination in the country.

NWR breaks new ground in the Philippines by combining lodging brands, restaurants, gaming facilities, entertainment spots and a luxury mall in one grand destination.

Asia's newest playground is located in Newport City, a modern live-work-play community and the first tourism economic zone in the Philippines, just across Terminal 3 of the Ninoy Aquino International Airport and adjacent to the Villamor Golf Course.

It also features the upscale Newport Mall which boasts of shops and boutiques for international luxury brands, high end cinemas, dining outlets, and the Newport Performing Arts Theater, a 1,500-seat venue for local and international artists and productions.

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Perks and benefits

Medical

Miscellaneous allowance

Education support

Loans

Sports (e.g. Gym)

Parking

Vision

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